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Fiat and Chrysler CEO Sergio Marchionne told shareholders Wednesday that the two automakers potentially could generate combined revenues of euro100 billion ($141 billion) by 2014.
Marchionne expects Fiat’s revenues alone to nearly double from euro35.8 billion 2010 to euro64 billion, a target previously announced. That would leave the once-bankrupt Chrysler to contribute more than euro36 billion.
Fiat […]

Home prices are falling in most major U.S. cities, and the average prices in four of them are at their lowest point in 11 years. Analysts expect further prices declines in most cities in the coming months.
The Standard & Poor’s/Case-Shiller 20-city index released Tuesday shows price declines in 19 cities from December to January. Eleven […]

Japan’s central bank pumped a record amount of funds into the financial system since March 11 to calm markets and soften the economic impact of the earthquake and tsunami.
Lenders’ deposits with the central bank will jump an estimated 146 percent to an all-time high of 43.6 trillion yen ($539 billion) today, from 17.7 trillion […]

Oil prices ticked lower Friday after Libya declared a cease-fire following a United Nations’ vote for a no-fly zone over the nation.
The U.N. late Thursday voted 10-0, with 5 abstentions, to impose a no-fly zone over Libya in an effort to protect civilians in the battle between rebels and forces loyal to leader Moammar […]

Inflation spooked the nation in the early 1980s. It surged and kept rising until it topped 13 percent.
These days, inflation is much lower. Yet to many Americans, it feels worse now. And for a good reason: Their income has been even flatter than inflation.
Back in the ’80’s, the money people made typically more than made […]

Factories produced more cars, appliances, computers and furniture in February, lifting manufacturing output for the sixth straight month.
The Federal Reserve says overall output at the nation’s factories, mines and utilities dipped 0.1 percent last month, the first decline since October. But that reflected a sharp drop in production at gas and electric utilities because of […]

The United Nations says a grenade attack has killed one person and wounded 18 in a district of Ivory Coast’s restive commercial capital.
The U.N. said in a Wednesday statement that three women and a baby were among the wounded in Tuesday night’s attack in Abidjan. It was not clear who was responsible for the attack. […]

One of the top conservatives in the House is opposing a measure to keep the government running for three more weeks while the White House and Republican lawmakers seek a longer-term agreement on spending cuts.
Republican Rep. Jim Jordan of Ohio chairs a group of conservative lawmakers that makes up a sizable majority of House Republicans.
Jordan […]

Lonnie Tettaton, 74, the granddaddy of St. Louis sign painters and author of 16 books on lettering and a variety of books on other topics. His shop is at 108 Madison Street in north St. Louis and he lives in Hazelwood.
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